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What should foreign investment enterprises pay attention to when they do notarial documents in China?

Released Date: Feb 23,2022 Article Source: HUANZE

With the deepening of "One Belt and One Road", many overseas enterprises come to the mainland of China to set up foreign-invested enterprises. When setting up foreign-invested enterprises, they often choose Hong Kong as a springboard, that is, they first set up a Hong Kong company, and then use the Hong Kong company to invest in the establishment of foreign-funded enterprises in China.

With the deepening of "One Belt and One Road", many overseas enterprises come to the mainland of China to set up foreign-invested enterprises. When setting up foreign-invested enterprises, they often choose Hong Kong as a springboard, that is, they first set up a Hong Kong company, and then use the Hong Kong company to invest in the establishment of foreign-funded enterprises in China. Before a Hong Kong company sets up a foreign-invested enterprise, it must first make a Chinese notary document on the subject qualification of the Hong Kong company, because the domestic market supervision Administration and the State Administration of Foreign Exchange all require the provision of this document. Different places to investChinese notary documentThe requirements are different and even vary greatly.

Generally speaking, doChinese notary documentWe only need to notarize and certify the registration certificate and business registration certificate of the Hong Kong company, and finally the Chinese legal service(Hong Kong)LTD., and the document is ready for use in the Mainland. Some regions will require additional regulations for Hong Kong companies,NNC1(i.e. incorporation form) notarial certification of two documents. The director of the Hong Kong company does not need to sign and therefore does not have to come to Hong Kong to notarize the above documents.

In particular, it is reminded that Dongguan, Shenzhen, Foshan, Guangzhou, Zhaoqing, Chongqing, Keqiao District of Shaoxing City and Qinhuangdao City in Guangdong Province, if a foreign-funded enterprise is established in the above places,Chinese notary documentIt requires notarization and certification of the board resolution of a Hong Kong company to establish a mainland subsidiary, which requires that the directors of a Hong Kong company must visit Hong Kong in person and sign the documents in front of lawyers. The above work cannot be done through video signature. When the novel coronavirus is still raging around the world, it may not be possible for directors to travel to Hong Kong. If a Hong Kong company involves the establishment of foreign-funded enterprises in the above places, special attention should be paid to it.

What should foreign investment enterprises pay attention to when they do notarial documents in China?

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